Related party disclosures - dividends

2006 Companies Act dispensed with the requirement to disclose in the directors' reports of directors interest in the issued share capital of the company.

If a small company pays a dividend, are we now required to disclose as a related party transaction the dividend received by each director director?
Pelu

Would appreciate any comments.

Comments
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Update ......

pelu naam |

UK GAAP

rolyp |

I do not believe it!

Euan MacLennan |
Euan MacLennan's picture

UK GAAP

rolyp |

verbal

Anonymous |

Really?

Euan MacLennan |
Euan MacLennan's picture

YES per English Institute

Anonymous |

No

Euan MacLennan |
Euan MacLennan's picture

I don't understand why we talk ourselves into these disclsoures

Anonymous |